Personal

The Social Security Administration (SSA) has announced a jarring shift in its repayment policy regarding overpayments to beneficiaries: a full 100% default withholding from monthly checks. This decision, echoing pre-2020 policies, represents a significant regression in a system already fraught with complications for the most vulnerable Americans. By reversing a more compassionate 10% withholding rate

In an unprecedented move, President Donald Trump has moved to marginalize a vital lifeline for countless public servants with an executive order aimed at restricting eligibility for the Public Service Loan Forgiveness (PSLF) program. Initially established by George W. Bush in 2007, PSLF has been a beacon of hope for not-for-profit and government employees seeking

As of January, the staggering figure of $5 trillion in outstanding consumer debt looms ominously over the American financial landscape, as reported by the Federal Reserve’s G.19 consumer credit report. While a slight uptick occurred from the previous month, there exists a subtle silver lining: a marginal drop of 0.6% from the year before. What

In an era characterized by economic uncertainty and increasing inequality, the proposed cuts to Medicaid represent a perilous crossroads for millions of Americans. As outlined by the Congressional Budget Office, the House Republicans are eyeing $880 billion in spending reductions. This financial maneuvering is not simply budgetary; it holds the potential to dismantle a vital

For many investors, the allure of pre-tax retirement accounts like traditional IRAs and 401(k)s is undeniable. Lowering your adjusted gross income boosts your immediate take-home pay, creating a false sense of financial security. However, the long-term implications of this strategy can be catastrophic if not handled properly. According to IRA expert Ed Slott, traditional IRAs

Social Security is often seen as a pillar of financial security for retirees, yet its structure reveals profound inequities that resonate particularly with those in the upper echelons of income. Most Americans find themselves contributing to this crucial safety net through payroll taxes taken directly from their salaries. For individuals earning less than approximately $176,100,

In an unsettling shift that directly imperils the welfare of millions of student loan borrowers, President Donald Trump’s cuts to staff at the Department of Education herald a moment of crisis. The ramifications of these cuts are more than abstract statistics; they represent a grave threat to the financial and emotional stability of over 42

In 2024, a staggering report revealed that the United States continues to lead the world in the concentration of wealth among multimillionaires. The global count of high-net-worth individuals—those boasting asset portfolios in excess of $10 million—saw a marginal increase of 4.4%. However, in North America, this figure surged to an astonishing 5.2%. This trend illustrates

In his ambitious bid to “make America affordable again,” President Donald Trump seems to be oblivious to the economic feedback loop created by his own policies. Not just a pizza slice out of the national budget, Trump’s steep tariffs on imports are poised to carve into the average American’s wallet, despite his claims that they

The dynamics of college choice are shifting remarkably, and recent findings reveal that Harvard University is no longer the pinnacle of aspiration for prospective students. According to a compelling survey conducted by The Princeton Review, the Massachusetts Institute of Technology (MIT) has risen to the position of the most sought-after college among applicants in 2023.